Amid the Asian Turmoil, Europe
May Be Safe Haven for Investors

By

Sara Calian Staff Reporter of The Wall Street Journal

Updated Dec. 15, 1997 12:01 a.m. ET

LONDON -- Home sweet home? In the midst of Asian turmoil, Europe could be a safe haven for investors.

Analysts say European shares have been knocked down a bit too much on Asia's woes and could bounce back slightly in the next several weeks. They caution, however, that a bounce isn't a rally, and while shares in Europe might be better off than those in Asia, investors should be careful not to expect spectacular returns.